7 simple steps you can take right now to improve your financial engagement
How engaged with your finances are you? A survey suggests that millions of Brits aren’t actively managing their finances and it could mean they’re missing out on opportunities or overlooking risks. According to a Legal & General survey, almost half of adults are “financially disengaged” – that’s the equivalent of 24.5 million people. If you’re […]
If your mortgage repayments have increased, you should review your financial protection
Over the last year, interest rates have steadily increased. If you have a mortgage, it may have affected your repayments, or could in the future. So, does your financial protection still provide the cover you need? The Bank of England has increased its base interest rate to tackle high inflation, which has led to a […]
4 valuable ways a financial planner can help you tackle “overwhelming” pension information
Do you find pension information confusing? You’re not alone; 50% of people in the UK describe the information they receive about their pension as “overwhelming”, according to a Standard Life study. Fortunately, there are places where you can seek guidance or advice. The survey found 83% of people think financial advisers offer useful support. If […]
Missing financial protection triggers could leave you vulnerable to shocks. Find out why here
The decision to take out financial protection is often triggered by significant life milestones. However, research suggests that the cost of living crisis and changing lifestyles mean many families are overlooking the importance of a financial safety net. Financial protection can provide you with money when you need it most. When it would pay out […]
7 valuable steps parents can take to improve the financial security of children
When you’re thinking about your financial plan, what are your priorities? Often, passing on wealth and helping children or grandchildren realise their own goals is important. Despite a period of economic uncertainty, a survey from Scottish Widows found that 77% of UK households are still planning for the financial wellbeing of other generations. This could […]
5 unexpected lessons you can learn about finances from Roald Dahl
Roald Dahl’s books are known for colourful characters, fantastic adventures, and simply being fun. As a child, they’re the perfect books for capturing your imagination. As an adult, you can even find some unexpected money lessons nestled among the talking creatures and magic. Here are five financial lessons you can learn from the stories of […]
How self-employed workers can create financial security amid economic uncertainty
As a self-employed worker, it can be more difficult to manage your finances. Your income may vary or not be as reliable as those who are employed. According to a study from Scottish Widows, almost half of self-employed workers said their income fluctuates. The research suggests that self-employed people could be more susceptible to income […]
Business owners, is poor financial wellbeing among your employees affecting operations?
Research suggests that many employees feel like they’re not receiving enough support to improve their financial wellbeing. It could affect business operations, and cost you money too. Financial wellbeing isn’t just about income. It covers things like financial literacy, confidence, and having a good relationship with money. As an employer, you can do several things […]
5 compelling reasons why you should share a financial planner with your family
Money and financial decisions are often seen as a personal matter. However, making your family part of the financial planning process and discussing your goals with them can be valuable. A report from M&G Wealth found that 33% of advised families share the same adviser, with around 57% of those sharing the same adviser as […]
52% of savers don’t understand the effects of inflation, and millions think they’ll be better off. Here’s why it can harm your savings
Inflation has been in the news for months now, as the rate increases. While you may notice the effects inflation has on the price of goods when you visit the supermarket, it can be more difficult to understand how and why it’ll affect things like your savings. More than half of cash savers don’t know […]
